18.03.2022 (Обновлено: 28.03.2022 16:39)

The EAEU will grant exemptions for the importation of food and raw materials for socially significant industries

The Council of the Eurasian Economic Commission adopted a decision to exempt food products and goods used in their production from import customs duties for six months. In particular, the decision concerns animal and dairy products, vegetables, sunflower seeds, juices, sugars, cocoa powder, amino acids, starches, enzymes and other food products.

The following goods have also been exempted from import duties for six months: goods for food production and marketing; goods for pharmaceutical, metallurgical and electronic production; goods used for developing digital technologies; goods for light industry production, as well as goods used in the construction and transport industries. The tariff exemption condition here will be confirmation of the intended purpose for the importation of goods.

In addition, the rate has been zeroed for apricot, pear, peach and other purees in more than 40 kg packages until April 30, 2023, and for aniline and a number of fabric types for outerwear manufacture until April 30, 2025.

The EEC Board was instructed to consider at the next meeting the issue of establishing import customs duty rates for a number of other goods.

"In the current climate, manufacturers of significant consumer goods face exchange rate hikes and the disruption of logistics chains in raw material supplies," Andrey Slepnev, EEC Minister in charge of Trade, noted. "In this regard, priority support measures aimed at improved economic sustainability, as well as the saturation of the internal market are ensured by the temporary adjustment of duty rates for certain types of products and establishment of tariff exemptions for goods used in the production of socially significant items."

 The decisions shall come into effect after 10 calendar days have elapsed from the date of their official publication.